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CORRECT (Mar 23): Personal Group 2020 revenue rises, profit falls

26th Mar 2021 16:42

(Correcting to clarify that Personal Group Holdings PLC's full-year payout amounted to 18.4 pence per share following a final 5.1p payout.)

Personal Group Holdings PLC - Milton Keynes-based employee benefits firm - Revenue in 2020 rises 0.9% to GBP71.5 million from GBP70.9 million. Pretax profit falls 18% to GBP8.6 million from GBP10.5 million, amid the absence of a GBP1.3 million release of provisions which boosted profit in 2019. Declares final payout of 5.1 pence per share. Means total dividend cut by 21% to 18.4p per share from 23.3p.

Current stock price: 239.75 pence

Year-to-date change: up 16%

By Eric Cunha; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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